Direction to facilitate sale
34 Direction to facilitate sale
The members may direct the Company, or require the Company to direct a subsidiary of the Company, to do one or more of the following to facilitate a sale under section 33:take the action specified in the notice; take all reasonable steps and actions to facilitate the sale.
A direction or requirement is to be in writing provided to the Company or the subsidiary of the Company.
The Company, and the subsidiary of the Company, are to comply with a direction or requirement.
The Board and the chief executive officer of the Company, and the board of directors and chief executive officer of the subsidiary of the Company, may do all things necessary or convenient to be done to enable compliance with a direction or requirement.
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